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S. 1590

BillFederalSenateIn Committee
Making Savings Automatic Act of 2005
About This Bill
Committee
Latest Action · July 29, 2005
Read twice and referred to the Committee on Finance.
Congress
109th (2005–2007)
Introduced
July 29, 2005
Cosponsors (0)
None
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Summary

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Making Savings Automatic Act of 2005 - Amends the Internal Revenue Code to allow: (1) automatic payments to employee pension plans; (2) direct payments of tax refunds to individual retirement plans; (3) a business tax credit for employer costs of a salary reduction arrangement.

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